Jobstreet sees hiring recovery to continue through December

Published February 5, 2021, 6:00 AM

by Bernie Cahiles-Magkilat

Hiring went up 20 percent in the last quarter of 2020 and the momentum is expected to be sustained in the first half of the year before returning to the pre-COVID level by end of this year, according to the country’s top online job employment marketplace.

Jobstreet.com Philippines Country Manager Philip Gioca said they have seen 20 percent increase in terms of hiring in the last three months of 2020 and also in terms of jobs available in the market. JobStreet.com is a leading online job board presently covering the employment markets in the Philippines, Malaysia, Singapore and Indonesia. JobStreet.com currently services over 300,000 companies and over 20 million jobseekers in its database.

“We continue to see that growth this month of January. And hopefully we are bullish to see this numbers grow higher in the next six months.  And hopefully, we are praying that we are going to be at the same level of pre- pandemic by the end of this year,” said Gioca.

Gioca cited this improvement from what used to be 7 million displaced workers in one time and 20 percent average reduction in salaries last year primarily due to the COVID-19 pandemic, natural calamities and political developments here and abroad.

“We are bullish that there will be more jobs offering in 2021, but that would be defined as within the pandemic state,” he said.

“We have not gone to the same number of jobs that we have seen prior to the lockdown or prior to March 2020. So now it’s just you know, almost a year, we can see that there’s a growth coming in. So, we’re bullish about that.”

Job offerings are also varied and very different from the jobs that were seen before. This is largely because of the acceleration of digital technology enabling people options of working from home, freelancing, and project base are all available now.

He cited the maritime industry for being in quite unique situation where hiring has not really stopped and slowly progressing compared to land based overseas jobs. “The lockdowns have not affected them, they continue to have more jobs available in a maritime industry to land based jobs,” said Gioca noting their data also comes from the Department of Labor and Employment and the Department of Finance.

In fact, he said,  some Jobstreet customers and companies will be asking their employees to report to office starting March. “These are all good signs, you know we are becoming more normal to the new normal, and jobs will be more available,” he said.

For the retrenched people, this means more chances of getting back to work as companies do not discriminate and even prioritized the retrenched individuals.

There may be just some adjustments in roles. Thus, every jobseeker is advised to be flexible just to land a post. “You can progress in the next few months or years to come. Just get the job first, and so your worth and definitely as the economy prime’s up again, you know your careers will be on track,” said Gioca.

In terms of the kind of jobs, Gioca said that digital/IT services jobs have increased 20 to 30 percent in the last 10 months. Before the pandemic, of the 100,000 jobs postings only 30 percent were coming from the digital services. Now, Jobstreeet postings are only 55,000 or a little over 50 percent of what they used to have in their online portal and demand for digital services are increasing on a month-on-month basis.

In addition, the tourism sector, which struggled in the past 10 months because of the quarantine measures are expected to slowly open up going into the summer months according to the restrictions.

“It’s not a full capacity still, but you see that businesses will start moving on in those industries, slowly but surely,” he said.

 
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